The Development Center for Finance (DCF) successfully conducted the 2024 Financial Planning and Forecasting Webinar on November 9, 16, and 23. It was attended by 29 participants from different companies and various industries.

Sir Arthur S. Cayanan warmly welcomed the participants to the first session. His session covered critical macroeconomic variables considered in financial planning, industry analysis, and essential steps in financial planning. Sir Cayanan’s extensive experience and insightful commentary added depth to the discussion, enriching the overall learning experience.

The second session was handled by Ma’am Pamela Anne S. Lloren-Alcantara. Participants learned financial statement analysis techniques and practical tools in financial planning and forecasting. Exercises were used to ensure these skills were both understood and applied effectively.

The final session, led by Sir John Lester H. Aratea, brought theory to practice. Participants created a real-world financial forecast for a Philippine-listed company, including 5-year income statements, statements of financial position, and statements of cash flows. Drawing from his academic and professional experience, Sir Aratea simplified the complex forecasting process into manageable steps while introducing participants to useful MS Excel formulas for practical application.

Some of the feedback from the participants about the 3-day webinar was as follows:

“Loved how Sir Art’s lecture was grounded in real-world scenarios, rather than being purely theoretical. It made the session much more engaging and informative. I hope I’ll get another opportunity to attend his talks/seminars. Worth every peso and time!”

“Ms. Pam’s lecture was clear, concise, and a helpful refresher on finance concepts. The activities and discussions were engaging.”

“Sir Lester is an excellent speaker. Topis discussed are very helpful. Excellent Excel tips!”